The Pennsylvania Gaming Control Board recently released the August report for sports betting. The state has reached an all-time high when it comes to bets placed, with the handle reaching almost $365 million last month. As major sports were back in action after taking a break due to the COVID-19 pandemic, it pushed the sports betting industry to new heights. When compared to July, August saw an amazing 122% increase in betting handle.

Sports Betting Surge

From the huge number of bets placed, operators earned $27.5 million in revenues. This was a…